THE CASE FOR CONVERTIBLES*

Abstract

Journal of Applied Corporate FinanceVolume 1, Issue 2 p. 55-64 THE CASE FOR CONVERTIBLES* Michael J. Brennan, Michael J. Brennan Irwin Hearsh Professor of Money and Banking at UCLA's Anderson Graduate School of Management. Brennan is current- ly President-elect of the American Finance Association and was formerly Editor of the Journal of Finance, Dr. Brennan is currently the founding Editor of a new finance publication, Oxford University's Review of Financial Studies.Search for more papers by this authorEduardo S. Schwartz, Eduardo S. Schwartz Professor of Finance at UCLA's Anderson Graduate School of Management. His published research deals with the pricing of convertible securities and options, corporate finance for regulated industries, and bond pricing models, Dr. Schwartz has co-authored two books (with Michael Brennan): Savings Bonds: Theory and Empirical Evidence and Pricing and Investment Strategies for Guaranteed Equity Length Life Insurance.Search for more papers by this author Michael J. Brennan, Michael J. Brennan Irwin Hearsh Professor of Money and Banking at UCLA's Anderson Graduate School of Management. Brennan is current- ly President-elect of the American Finance Association and was formerly Editor of the Journal of Finance, Dr. Brennan is currently the founding Editor of a new finance publication, Oxford University's Review of Financial Studies.Search for more papers by this authorEduardo S. Schwartz, Eduardo S. Schwartz Professor of Finance at UCLA's Anderson Graduate School of Management. His published research deals with the pricing of convertible securities and options, corporate finance for regulated industries, and bond pricing models, Dr. Schwartz has co-authored two books (with Michael Brennan): Savings Bonds: Theory and Empirical Evidence and Pricing and Investment Strategies for Guaranteed Equity Length Life Insurance.Search for more papers by this author First published: Summer 1988 https://doi.org/10.1111/j.1745-6622.1988.tb00166.xCitations: 177 * This article was originally published in the Chase Financial Quarterly (Vol. 1 No. 3) and is reprinted with the permission of the Chase Manhattan Bank. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume1, Issue2Summer 1988Pages 55-64 RelatedInformation